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Month: May 2024

American Oncology Network Appoints New Board Member

William “Bill” J. Valle joins AON’s Board of Directors.American Oncology Network Appoints New Board MemberFrom left to right: William “Bill” J. Valle, AON’s newest board member; Stephen “Fred” Divers, MD, AON’s chief medical officer; and Todd Schonherz, AON’s chief executive officer.FORT MYERS, Fla., May 16, 2024 (GLOBE NEWSWIRE) — American Oncology Network (AON) (Nasdaq: AONC), one of the nation’s fastest-growing networks of community oncology practices, is pleased to announce the appointment of William “Bill” J. Valle to its Board of Directors, effective April 19, 2024. “On behalf of the Board, I am honored to be officially welcoming Bill,” said Stephen “Fred” Divers, MD, AON’s chief medical officer and vice chairman of the Board. “Bill has extensive experience and knowledge...

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Pennant Acquires South Texas Hospice Provider

EAGLE, Idaho, May 16, 2024 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired Nurses on Wheels, Inc. (“Nurses on Wheels”), which provides hospice services in Corpus Christi, Texas and the surrounding communities. “We are excited to expand the reach of our hospice operations in south Texas,” said Brent Guerisoli, Chief Executive Officer of Pennant. “Our strategy of empowering local leaders to meet the needs of local communities has resonated deeply across our platform and we look forward to bringing our innovative operating model and high-quality resources to enhance the services offered in south Texas.” Guerisoli added. “Nurses on Wheels has a deep connection to Corpus Christ...

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NL INDUSTRIES, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL SHAREHOLDER MEETING

Dallas, Texas, May 16, 2024 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE:  NL) announced that its board of directors has declared a quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 25, 2024 to shareholders of record at the close of business on June 10, 2024. NL Industries also announced that at its 2024 annual shareholder meeting held today its shareholders had:elected each of Loretta J. Feehan, John E. Harper, Kevin B. Kramer, Meredith W. Mendes, Cecil H. Moore, Jr., Courtney J. Riley and Michael S. Simmons as a director for a one-year term; and adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2024 annual shareholder meeting.NL Industries, Inc. is engaged in the component products...

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Applied Materials Announces Second Quarter 2024 Results

Revenue $6.65 billion, flat year over year GAAP operating margin 28.8 percent and non-GAAP operating margin 29.0 percent, flat and down 0.1 point year over year, respectively GAAP EPS $2.06 and non-GAAP EPS $2.09, up 11 percent and 5 percent year over year, respectively Generated $1.39 billion in cash from operationsSANTA CLARA, Calif., May 16, 2024 (GLOBE NEWSWIRE) —  Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended Apr. 28, 2024. Second Quarter Results Applied generated revenue of $6.65 billion. On a GAAP basis, the company reported gross margin of 47.4 percent, operating income of $1.91 billion or 28.8 percent of net revenue, and earnings per share (EPS) of $2.06. On a non-GAAP basis, the company reported gross margin of 47.5 percent, operating income of $1.93 billion or 29.0 percent...

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NuCana Reports First Quarter 2024 Financial Results and Provides Business Update

Key Data Readouts on Track for All Programs in 2024 Randomized Phase 2 Study of 182 Second-Line Colorectal Cancer Patients Fully Enrolled NUC-7738 plus Pembrolizumab Demonstrated Encouraging Anti-Cancer Activity in Several Patients who were Resistant to PD-1 Inhibitors Anticipated Cash Runway into Q1 2025 EDINBURGH, United Kingdom, May 16, 2024 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the first quarter ended March 31, 2024 and provided an update on its broad clinical development program with its transformative ProTide therapeutics. As of March 31, 2024, NuCana had cash and cash equivalents of £12.9 million compared to £17.2 million at December 31, 2023. NuCana continues to advance its numerous clinical programs and reported a net loss of £6.8 million for the quarter ended March 31, 2024, as compared...

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Apollo Prices Offering of Senior Notes

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $750 million aggregate principal amount of its 5.800% Senior Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc., Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings IV, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P., Apollo Principal Holdings X, L.P., Apollo Principal Holdings XII, L.P., AMH Holdings (Cayman), L.P. and Apollo Management Holdings,...

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MAX Power Closes $1.9 Million Private Placement

VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) reports that it closed the previously announced non-brokered private placement (originally announced on May 3, 2024 and increased on May 7, 2024). Pursuant to the offering (the “Offering”) the Company issued an aggregate of 9,745,744 units (the “Units”) at a price of $0.195 per Unit for gross proceeds to MAX Power of $1,900,420. Mr. Rav Mlait, MAX Power CEO, commented: “This private placement with strategic investors positions MAX Power extremely well for success in 2024.” Private Placement Terms Each Unit consists of one common share in the capital of the Company (a “Share”) and one-half of one non-transferable common share purchase warrant (each whole...

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Daktronics Introduces New Flip-Chip COB LED Technology

Increased durability and reliability combine with lower power consumption in NPP display product BROOKINGS, S.D., May 16, 2024 (GLOBE NEWSWIRE) — Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has released its Flip-Chip COB (Chip On Board) LED display technology worldwide. The company’s latest addition to its Narrow Pixel Pitch (NPP) product family brings tighter pixel spacings ranging from 1.8 millimeters to 0.9 millimeters with increased durability and reliability combined with lower power consumption for an overall improved experience for customers. “This product shows we’re staying on the cutting edge of technology in the LED industry,” said Adam Gilliland, Daktronics product manager. “As indoor applications have grown exponentially, it’s become increasingly important to meet the needs of the marketplace – one that is...

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Partners Value Split Corp. to Partially Redeem Its Class AA Preferred Shares, Series 8

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”) announced today its intention to redeem 1,975,000 of its outstanding Class AA Preferred Shares, Series 8 (“Preferred Shares, Series 8”) (TSX: PVS.PR.F) for cash on May 31, 2024 (the “Redemption Date”) in accordance with the terms of the Preferred Shares, Series 8. The Preferred Shares, Series 8 being called for redemption represent approximately 32.92% of all outstanding Preferred Shares, Series 8 of the Company. The Preferred Shares, Series 8 will be partially redeemed on a pro rata basis, so that each holder of Preferred Shares, Series 8 of record at the close on May 22, 2024 (the “Record Date”) will have approximately 32.92% of their Preferred Shares, Series 8 redeemed. The redemption price per Preferred Share, Series 8 being redeemed will be...

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McEwen Copper Announces Completion of the Feasibility Drilling Program

70,000 meters completed, highlights include: 349.0 m of 0.77% Cu, including 232.0 m of 0.86% Cu (AZ23292) 382.5 m of 0.54% Cu, including 74.0 m of 0.86% Cu (AZ23277) TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — McEwen Copper Inc., 47.7% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to provide the assay results from the currently completed drill season at the Los Azules project in Argentina. The prime objectives of this season’s infill drilling campaign were: 1. to confirm the size and grade of the deposit as compared to the 2023 PEA estimate and upgrade the resource categories for the upcoming feasibility study; 2. test for extensions of mineralization beyond the current pit shell; and 3. explore our large property package for other mineralized areas. Based on the assay results received to date, our first objective...

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